All Illinois Broker and Residential Leasing Licenses expire every even year, with Managing Brokers expiring every odd year. An “expired"/"non-renewed" or “inactive”/"inoperative" (no sponsoring broker) license status means the licensee cannot practice real estate. That equates to no commissions, referral fees or representing yourself on purchases. RANI encourages licensees to place their license in our unique company, putting it in an “Active” status with the IDFPR, for use when opportunities arise. RANI promotes the use of the license, primarily for referrals and buyer representation, by offering generous compensation plans.
More info for keeping your license Active:
- Visit the Illinois Department of Financial and Professional Regulation (IDFPR) on the web, or call them at (800) 560-6420
- View the status of your license, visit the IDFPR License Search page.
Missed a Renewal Deadline?
If your Residential Leasing, Broker or Managing Broker License
has been "non-renewed" for less than 5 years,
YOU CAN STILL RENEW!!
Call our office for instructions and forms.
Remember: prior to renewing your license, all required Education must be completed in accordance with the IDFPR's Restoration Rules(subject to change):
License expired for less than 2 years, you must:
- complete required Continuing Education for most recent renewal
License expired for 2-5 years, you must provide proof of completing:
- Required Continuing Education for the most recent renewal
- Provide transcripts showing completion of post-license education (from first license term or prior to restoration)
For our agents’ convenience, the current Office Policies will always be available here.
Although you will be e-mailed regarding any changes, we recommend occasionally checking for updates.